Canada's Goods-Trade Surplus Narrows in November
Canada's goods-trade surplus with the world narrows in November as imports rebound, driven by energy products. Exports fell for the first time since June. Categories: Economy, Trade; Tags: Canada, Surplus, Imports, Exports; Keywords: goods-...
Canadian Building Permits Retreat in November
The value of Canadian building permits decreased in November, with declines seen across almost all building types. Economists had anticipated a smaller drop. Residential and non-residential sectors were both affected.
Grifols Faces Criticism as Shares Plummet
Grifols, a Spanish pharmaceutical company, faces criticism and a significant drop in shares after allegations of improper accounting and reporting practices. The company vehemently denies these claims and asserts its commitment to integrity...
Starbucks Expands in India for Global Growth
Starbucks aims to operate 1,000 stores in India by 2028, while doubling its workforce. The company sees India as a fast-growing market for its international expansion.
EQT Unveils New Healthcare Growth Strategy
Private-equity firm EQT reveals its new growth strategy to support innovative healthcare companies and drive advancements in the industry.
Hays PLC Expects to Miss Forecasts for First Half-Year
Hays PLC anticipates missing first-half forecasts after experiencing a decrease in net fees, particularly in December. The company predicts lower-than-expected operating profit and acknowledges uncertain market conditions. Hays remains conf...
Australian Retail Sales Surge in November
Australian retail sales soared by 2.0% in November, surpassing expectations. The surge was attributed to Black Friday sales and delayed discretionary spending. However, doubts remain about the long-term resilience of the demand. The potenti...
The Importance of Average Hourly Earnings in the U.S. Jobs Report
Investors overlook rise in average hourly earnings, which could reignite inflation and impact interest-rate cuts. Concerns arise over tight labor market and wage pressures contributing to future inflation. Analysts warn of persisting wage g...
Crocs Inc. Expects Strong Sales Growth
Crocs Inc. projects exceeding sales growth expectations, with increased popularity among younger consumers, driven by the brand's commitment to comfort-led functionality. The company is poised for further success in delivering innovative fo...
Apple to Release Vision Pro Mixed-Reality Headsets in U.S. Stores
Apple announces the release of Vision Pro mixed-reality headsets, priced at $3,499, with a dedicated App Store and compatibility with various applications.